Stocks Pointed Toward Higher Start

First Look

U.S. stocks are pointed higher Monday. Friday's PCE report showed prices slowing last month, boosting hopes for interest-rate cuts. The Nasdaq is up 0.17%, the S&P is up 0.13%, and the Dow Jones is up 0.1%.

Today's Sentiment

Quote of the Day

A lot of us don't get a sense of our personal power. I know the vast difference that one person can make in changing things.
Boots Riley

Stocks on the Move

International Markets

Stocks in Asia are mixed. The Shanghai SE Composite Index is up 1.01%, the Australia ASX All Ordinaries is up 0.99%, the Hang Seng is up 0.91%, the Mumbai Sensex (S&P BSE SENSEX) is up 0.9%, and the Nikkei 225 is down 1.4%. In Europe, stocks are up. The FTSE 100 is up 0.26%, the DAX is up 0.08%, the Euro Stox 50 is up 0.03%, and the CAC 40 is up 0.01%.

Futures & Currencies

Energy futures are mixed today. The price for West Texas Intermediate crude oil is down $0.66 at $83.05 per barrel. Brent crude is down $0.55 at $86.84 per barrel. Natural Gas is flat $0 at $1.75. Precious metals are up this morning. Gold is up $17.07 at $2249.97 per ounce. Platinum is up $4.5 at $914.5, while silver is up $0.04 at $25.08. The dollar is up compared to the major currencies today. The greenback is up against the euro, up against the Yen, and up against the Pound. Bitcoin is down 1.28% to $69,520.00, while Ethereum is up 1.68% to $3,568.72.

Put/Call Ratio

Yesterday, 4,496,041 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 5,348,108 put contracts. The single-session put/call ratio was 1.19.

Today's Economic Calendar

Earnings Expected Today